National Industrial Recovery Act Passed, U.S. Industry Regulations Begin β€” June 16, 1933

The National Industrial Recovery Act is passed in the United States, allowing businesses to avoid antitrust prosecution if they establish voluntary wage, price, and working condition regulations on an industry-wide basis.

The National Industrial Recovery Act is passed in the United States, allowing businesses to avoid antitrust prosecution if they establish voluntary wage, price, and working condition regulations on an industry-wide basis.

Date: June 16, 1933

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